Archive for the 'Colorado' Tag Under 'Lansner On Real Estate' Category

Builder William Lyon Homes, of Newport Beach, has acquired Village Homes, a residential community developer based in Greenwood Village, Colorado.

The acquisition marks Lyon Homes' first foray into the Colorado market. “Village Homes and its employees have developed an excellent reputation for quality and service and we welcome them to the William Lyon family,” said CEO Gen. William Lyon.

Village Homes operates the Idyllwilde, Watercolor, Village of Five Parks, Observatory Village and Granby Ranch communities in Fort Collins, Granby and the Denver metro area.

“This acquisition is consistent with our strategy of operating and gaining market share in the best homebuilding markets in the Western United States,” said Lyon.

The Gazette says on the 21,000-acre ranch today there "are about 200 families living in the huge area, and lots for 50 more homes have been sold. That's a world away from the 75,000 residences and 180,000 people Banning Lewis was predicted to house when it is fully built out — a process expected to take 50 years or more." (Basically, at completion it'll be slightly smaller than another major master-planned city: Irvine!)

In 2001, the ranch land was acquired by a consortium headed by the homebuilder controlled by Hadi Makarechian, the well-known Orange County property investor/manager. His companies remain a Banning Lewis partner today.

Newport Beach Realtor John McMonigle says he now is listing the Colorado vacation home of the late President Ford. The asking price is $15.5 million to $16.5 million, depending on the furnishings.

According to McMonigle's recent email blast, the home has 10,000 square feet, including 7 bedrooms, 10 bathrooms, an elevator and an indoor pool. The residence "is filled with memories and stories that will make for unforgettable entertaining," the email said.

The home, with ski-in, ski-out access and a view of Beaver Creek's Centennial ski run, currently is being renovated, said McMonigle (pictured right.) The home last sold shortly after Ford's death in December 2006, for $6.65 million to Hayes Weller1 LLC of Newport Beach, according to county records in Colorado. The LLC has the same Newport Beach address as commercial real estate broker Kevin Hayes Sr., a local Republican Party activist.

McMonigle is Coldwell Banker's top luxury agent, with the highest dollar volume in sales in the nation. In 2006, the average sales price of the McMonigle Group's transactions was approximately $4 million. He's currently selling O.C's. priciest place on the market, a Newport mansion that will now cost you $77 million! To read more about it, CLICK HERE!